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Central Bank of Nigeria announces surprising change to its foreign exchange...

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FRI 11 FEB, 2022-theGBJournal- The Central Bank of Nigeria (CBN) has announced plans for a sweeping change to its foreign exchange sales policy. The governor...

Fitch affirms Bank of Industry Limited ‘s long-term issuer default rating...

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…Fitch has affirmed Nigeria-based BOI's Long-Term Issuer Default Rating (IDR) at 'B' with a Stable Outlook. MON 07 FEB, 2022-theGBJournal- Fitch Ratings has assigned Bank...

Centre for the Promotion of Private Enterprise attacks CBN’s E invoice...

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MON 07 FEB, 2022-theGBJournal- The Centre for the Promotion of Private Enterprise (CPPE) Sunday launched an attack on the Central Bank of Nigeria’s E...

Markets Wrap| CBN set to roll over N98.01 billion worth of...

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SAT 05 FEB, 2022-theGBJournal- Trading sentiments in the Treasury bills secondary market turned bearish, as market participants took profits off their positions on some...

fx Watch| Nigeria’s fx reserves closes lower w/w to US$39.98 billion,...

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SAT 05 FEB, 2022-theGBJournal- Nigeria's FX reserves sustained its descent as it closed lower by USD136.84 million w/w, to USD39.98 billion (3rd February 2022)....

fx Watch| Nigeria’s FX reserve drops $163.80 million to $40.15 billion

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SAT 29 JAN, 2022-theGBJournal- Nigeria’s FX reserve sustained its descent for the twelfth consecutive week, declining by USD163.80 million to USD40.15 billion (27th January...

Treasury Bills| CBN sells N40.00 billion worth of OMO bills, maintains...

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SAT 29 JAN, 2022-theGBJournal- Trading in the Treasury bills secondary market was bullish, as average yield across all instruments contracted by 25bps to 4.6%,...

Monetary Policy Committee votes unanimously to maintain rate at 11.5% to...

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TUE 25 JAN, 2022-theGBJournal- Considering the implications of global central banks' normalisation of monetary policy and the need to attain domestic macroeconomic stability, the...

Central Bank of Nigeria launches the e-Valuator and e-Invoice for all...

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MON 24 JAN, 2022-theGBJournal- The Central Bank of Nigeria (CBN) weekend introduced a fresh documentation process to ease import and export transactions for businesses. Dubbed...

Bonds| Treasury yield dips 10bps to 11% following widespread buying activities...

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…Overnight rate expanded by 50bps w/w to 15.3% SAT 22 JAN, 2022-theGBJournal- Trading in the Treasury bonds secondary market was bullish, following the lower...